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Posted:17 hours ago| Platform: SimplyHired logo

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On-site

Job Type

Full Time

Job Description

A Sales Loan Officer is a financial professional who combines sales skills with loan expertise to help clients obtain loans, most commonly mortgages, auto loans, or personal loans. Their primary role is to guide borrowers through the loan application process while generating business for the lender (typically a bank, credit union, or mortgage company).

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Sales loan officer

ChatGPT said:
A Sales Loan Officer is a financial professional who combines sales skills with loan expertise to help clients obtain loans, most commonly mortgages, auto loans, or personal loans. Their primary role is to guide borrowers through the loan application process while generating business for the lender (typically a bank, credit union, or mortgage company).

Key Responsibilities:
Client Prospecting: Reach out to potential borrowers through calls, referrals, and marketing campaigns.

Loan Origination: Assist clients in selecting appropriate loan products and collect necessary documentation.

Pre-qualification & Pre-approval: Assess clients' creditworthiness and recommend next steps.

Application Processing: Submit completed applications to underwriting departments.

Relationship Building: Maintain long-term client relationships and referral networks (e.g., real estate agents).

Sales Goals: Meet or exceed monthly loan origination targets.

Compliance: Ensure all loans comply with federal and state lending regulations.

Skills Required: Sales and negotiation skills Financial acumen Customer service Knowledge of lending products and guidelines Time management and organization

Job Types: Full-time, Part-time, Permanent, Fresher

Pay: ₹12,000.00 - ₹18,000.00 per month

Benefits:

  • Cell phone reimbursement
  • Commuter assistance
  • Food provided
  • Health insurance
  • Leave encashment
  • Life insurance
  • Paid sick time
  • Provident Fund

Schedule:

  • Day shift
  • Monday to Friday
  • Weekend availability

Supplemental Pay:

  • Commission pay
  • Performance bonus
  • Yearly bonus

Work Location: In person

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